Donald Alvarez - Oct 19, 2021 Form 3 Insider Report for Cyngn, Inc. (CYN)

Role
Chief Financial Officer
Signature
/s/ Donald Alvarez
Stock symbol
CYN
Transactions as of
Oct 19, 2021
Transactions value $
$0
Form type
3
Date filed
10/19/2021, 05:06 PM
Next filing
Nov 10, 2022

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding CYN Stock Option Oct 19, 2021 Common Stock 400K $2.88 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 25% of the grant or 100,000 stock options, vest after the one year anniversary of the date of grant of June 1, 2021 with the remainder vesting monthly thereafter in equal amounts over three years.